The Monitor (Kampala)

Uganda: Citadel's ASEC Inks Deal to Manage Sudan Cement Plant

By Tabby Wambui, 19 July 2010

ASEC holding, a Citadel Capital platform, has signed a three-year contract to provide technical management services for Alsalam, a cement production company in Sudan.

Mr Mohamed Galal Yakout, the ASEC CEO, said in a statement last week that the Shs290 billion deal will involve the building of a cement plant, which will be completed in two years.

The plant is projected to have a production capacity of 1.5 million tonnes per annum providing materials for civil, electrical and mechanical work. Steel fabrication, testing and commissioning of other building materials will also be carried out.

  • Comment

Copyright © 2010 The Monitor. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

Comments Post a comment